Quick facts: Abington, MA

Quick Facts

119.6
Cost of Living
above US average
17,003
Population
11.76
Crime Rate per 1000
below US average
$120,535
Median Income
above US average
$675,000
Median House Price
above US average
$2766.77
Average Rent
above US average
5%
Poverty Rate
below US average
3.5%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $120,535.

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Income Needed to Buy

βœ— Stretch
$212k/year
Based on $675,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $212k vs median $120,535
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Income Needed to Rent

βœ“ Affordable
$119k/year
Based on $2766.77/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($120,535) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Abington, MA

Abington, located in Plymouth County, Massachusetts, is a charming town with a rich history dating back to its incorporation in 1712. Nestled just south of Boston, it offers a suburban feel while maintaining close proximity to urban amenities. The town is known for its well-preserved historical sites, including the Ancient Burying Ground and the historic Abington Depot. Abington is characterized by its picturesque landscapes, with various parks and recreational areas, including the Ames Nowell State Park, which provides opportunities for hiking, fishing, and enjoying nature. The town's education system is well-regarded, with a commitment to providing quality education for its residents. Culturally, Abington hosts community events that foster a strong sense of belonging, including seasonal fairs and farmers' markets. The dining scene features a mix of local restaurants and cafΓ©s offering diverse cuisine. With easy access to major highways and the MBTA train service, residents can easily commute to Boston and other surrounding areas, making Abington an attractive place for families and professionals seeking a blend of small-town charm and urban convenience.

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